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Stamp Duty Land Tax

Stamp Duty Land Tax (SDLT) is a tax charged on land and property transactions in the UK. If you buy either a freehold or leasehold property and the purchase price is more than £125,000, you pay SDLT of between one and four percent of the whole purchase price as follows:

Purchase PriceStamp Duty Rate
Up to £125,0000%
Over £125,000 to £250,0001%
Over £250,000 to £500,0003%
Over £500,0004%
Over £1,000,0005%

For further information on SDLT visit the HM Revenue and Customs website:
www.hmrc.gov.uk/sdlt/intro/rates-thresholds.htm

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